Primates Incorporated EIN 81-0632763

Primates Incorporated

EIN  81-0632763 Public charity (501(c)(3)) Westfield, WI
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Size
$100K–1M
What they do
Rescues and houses monkeys, offering free education on primate care and sanctuaries.
Leadership
Amy Kerwin · President
Money in and out
$239K revenue, $274K expenses
Bottom line
70% program efficiency

Rescues and houses monkeys, offering free education on primate care and sanctuaries. For fiscal year 2025 it reported $239K in revenue, $274K in expenses, and $639K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$239K
Pt VIII · Ln 12
Total expenses
$274K
Pt IX · Ln 25
Net assets
$639K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$36K
Where spending went · Part IX cols B–D
Program services $0.70 Management & general $0.27 Fundraising $0.03
Program efficiency
70%
of spending reaches programs▼ -10% vs prior filing year
Operating runway
10.0mo
months of highly liquid reserves at operating expense rate▼ -35% vs prior filing year
Surplus margin
-15%
revenue over expenses, this year▼ -165% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$239K
FY2025▼ -14%
Expenses
$274K
FY2025▲ +29%
Total assets
$645K
FY2025▼ -6%
Total liabilities
$5K
FY2025
Total revenue
$239K
Pt VIII · Ln 12
Total expenses
$274K
Pt IX · Ln 25
Net assets
$639K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$36K
Total assetsPt X · Ln 16$645K
Program-expense ratioPt IX · col B70%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

3 program services account for $193K of program spending, described in the organization's own filed words · FY2024.
01

Provide permanent and enriching care to twelve monkeys which includes cleaning enclosures, keeping the building warm and the lights on, providing medical treatment, veterinary care, and medical supplies, as well as offering fruits, vegetables, and monkey chow, furniture, enrichment with dried nuts and fruit, food, toys, blankets, and…

$167Kprogram expense
02

Provide free training to volunteers in primate care and behavior as well as a house for the on-site intern to stay.

$25Kprogram expense
03

Involve the community through one-time volunteer events and coordinate outreach days that allow the public to visit without disrupting the monkeys' sanctuary life.

$1Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPrimates Incorporated
EINHdr · item D81-0632763
Principal addressHdr · item CWestfield, WI
WebsiteHdr · item Jwww.primatesinc.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFAnimals (D20)
Ruling yearIRS BMFJul 2004

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$239K · 100%
Investment income$4K · 2%
Contributions & grants100%$239K
Investment income2%$4K
Total revenueLn 12$239K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.70 Management & general $0.27 Fundraising $0.03
Program services70%$193K
Management & general27%$73K
Fundraising3%$8K
Total functional expensesLn 25$274K

Balance Sheet

Part X · end of year
CashLn 1$229K
Total assetsLn 16$645K
Total liabilitiesLn 26$5K
Total net assetsLn 32$639K
Months of cash on handcomputed10.0

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $229K · Operating expenses/yr $274K
10.0 months
Where the money goes
Program services
Program services $193K · Total expenses $274K
70%
Management & General
Management & general $73K · Total expenses $274K
27%
Fundraising
Fundraising $8K · Total expenses $274K
3%
Cost to raise $1
Fundraising expense (3-yr avg) $3K · Solicited contributions (3-yr avg) $233K
$0.01 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $239K · Total revenue $239K
100%
Government reliance
Government grants $0 · Total revenue $239K
0%
Earned-income share
Program service revenue $0 · Total revenue $239K
0%
Investment reliance
Investment income $4K · Total revenue $239K
+2%
Program self-sufficiency
Program service revenue $0 · Total expenses $274K
0%
Growth & trend
Revenue growth (YoY)
This year $239K · Prior year $277K
-14%
Revenue CAGR
FY2020 $382K · FY2024 $239K
-11%
Net-asset trend (YoY)
End of year $639K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $239K · Expenses $274K
-15%
Liabilities-to-Assets
Total liabilities — · Total assets $645K
Net-asset ratio
Net assets $639K · Total assets $645K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $645K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Amy Kerwin · Reported title President · Highest reported compensation $0 · Total expenses $274K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $146K · Total expenses $274K
53%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 70%
Overhead ratio 27%
Fundraising cost ratio 3%
Revenue growth -14%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 2 funders$20K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$239K revenue · viewing · ⤓ 990 PDF
FY2024$277K revenue · ⤓ 990 PDF
FY2023$200K revenue · ⤓ 990 PDF
FY2022not on file
FY2021$382K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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